Global Ethanolamines Market, By Raw Material (Ammonia, 1-Ethylene Oxide, 2-Ethylene Oxide, 3-Ethylene Oxide), Product Type (Monoethanolamines, Diethanolamines, Triethanolamines), Application (Cement, Gas Treating, Metalworking Fluids, Personal Care Products, Pharmaceuticals, Printing Inks, Construction Chemicals, Textiles, Herbicides, Ethyleneamines, Detergents/Cleaners/Fabric Softeners), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Ethanolamines market is estimated to reach at a growth rate of 4.55% by the forecast period of 2020 to 2027. Growth in demand for end-use industries such as detergents, herbicides, and textile are driving the growth of the market.
Ethanolamine also known as 2-aminoethanol or monoethanolamine is an organic chemical compound which is both primary amine and primary alcohol. Ethanolamine is a corrosive, colorless, flammable, viscous and toxic liquids substance. Ethanolamine is the second most abundant head group substances for phospholipids. Ethanolamine is also used in messenger molecules such as palmitoylethanolamide. There is a growing demand for ethanolamines in cement, gas treating, metalworking fluids, personal care products, pharmaceuticals, printing inks, construction chemicals, textiles, herbicides and ethyleneamines, which is expected to be one of the major drivers of the market over the next seven years.
Increase in the application scope such as corrosive inhibitors and construction chemicals for metal protection are driving the growth of the market. General awareness among consumers is anticipated to influence the personal care industry and rise in per capital income will drive the growth of the market in the developing economies such as Latin America and Asia-Pacific. Production of new applications such as wood preservation and agrochemicals production will provide new avenues for the market. Demand of end use applications such as gas treatment and metal cleaning will drive the growth of the market in the coming years as gas treatment applications will propel the growth of the market. Moreover growing demand for the product from cement, herbicides, textiles and chemical intermediates and other drive the market growth and create growth opportunities for ethanolamines market in the forecast period of 2020-2027.
Volatile raw material prices will act as a restrain, and further challenge the growth of ethanolamines market in the forecast period mentioned above.
The ethanolamines market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions and technological innovations in the market. To gain more info ethanolamines market on Data Bridge Market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ethanolamines Market Scope and Market Size
Ethanolamines market is segmented on the basis of raw material, product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of raw material, the ethanolamines market is segmented into ammonia, 1-Ethylene Oxide, 2-ethylene oxide, and 3-ethylene oxide.
- On the basis of product type, the ethanolamines market is segmented into monoethanolamines, diethanolamines and triethanolamines.
- On the basis of application, the ethanolamines market is segmented into cement, gas treating, metalworking fluids, personal care products, pharmaceuticals, printing inks, construction chemicals, textiles, herbicides, ethyleneamines and detergents/cleaners/fabric softeners.
Global Ethanolamines Market Country Level Analysis
Ethanolamines market is analysed and market size, volume information is provided by country, raw material, product type and application as referenced above.
The countries covered in the ethanolamines market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is dominating the ethanolamines market due to high growth rate and increasing domestic demand from end-use industries in the region such as India and China.
The country section of the ethanolamines market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ethanolamines Market Share Analysis
Ethanolamines market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethanolamines market.
The major players covered in the ethanolamines market report are BASF SE, Dowdupont, Akzo Nobel, INEOS Oxide Ltd., Fushun Beifang Chemical Co. Ltd., China Petroleum & Chemical Corporation, Thai Ethanolamines Co. Ltd., Sinopec Shanghai GaoQiao Petrochemical Corporation, Huntsman Corporation, Shijiazhuang Haisen Chemical Co. Ltd., Jiaxing Jinyan Chemical Co. Ltd., SABIC, Celanese Corporation, LyondellBasell, Invista, Daicel Chemical industries Ltd., Amines & Plasticizers ltd., BALAJI AMINES, Sintez OKA, Reliance Industries Limited, Advance Petrochemicals Ltd., NIPPON SHOKUBAI CO., LTD. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ethanolamines Market
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